GM reports 2.2% decrease in third-quarter sales, but EVs make gains
GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT — Increases in sales of electric vehicles and small crossovers helped General Motors report slightly better-than-expected sales during the third quarter. The Detroit automaker reported a 2.2% drop in third-quarter sales compared […]
Michael Jordan’s 23XI Racing team sues NASCAR and CEO Jim France
Michael Jordan, NBA Hall of Famer and co-owner of 23XI Racing looks on during the NASCAR Cup Series FireKeepers Casino 400 at Michigan International Speedway on August 18, 2024 in Brooklyn, Michigan. Logan Riely | Getty Images Michael Jordan’s NASCAR team, 23XI Racing, and fellow team Front Row Motorsports filed an antitrust lawsuit against NASCAR […]
‘I feel like I’m missing something’: I’m 68, divorced with two children. I’ve $750,000 and rent my home. Do I need a trust?
“I continue to reinvest the dividends and interest so my investments continue to grow.”
Eli Lilly to build $4.5 billion research and manufacturing center
Eli Lilly will spend $4.5 billion to build a center aimed at finding better ways to manufacture its medicines. The facility, called the Lilly Medicine Foundry, will house development of new manufacturing methods with an eye toward efficiency. It’s a strategy that’s already paying off with Lilly’s obesity and weight loss drugs Mounjaro and Zepbound, […]
‘I’m scared to death’: My wife asked for a divorce after 21 years. She wants to buy a house with our savings, but promises to help pay my mortgage.
“There is more than enough money in the savings to completely pay off the current mortgage.”
LVMH and Formula One announce 10-year partnership
The Race winner trophy is seen in a Louis Vuitton trunk on the grid prior to the F1 Grand Prix of Monaco at Circuit de Monaco on May 26, 2024 in Monte-Carlo, Monaco. Bryn Lennon | Formula 1 | Getty Images Liberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, […]
GM halts production at two major U.S. plants due to Hurricane Helene
Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images DETROIT — General Motors has temporarily halted vehicle production at two U.S. factories that assemble highly profitable large pickups and SUVs due to impacts […]
This fund manager’s secrets can help you find the market’s best stocks
The fundamentals of high-quality companies, from an investment pro who handily beats the market.
Blue Origin CEO Dave Limp brings urgency to Jeff Bezos’ space company
Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company’s LC-36 facility in Florida. Blue Origin Dave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire’s space venture. “Jeff, is Blue Origin […]
Trump and Harris say they want to cut taxes. Here’s why you should prepare for a tax hike.
Whoever wins November’s presidential election will be faced with an immediate need to negotiate with Congress over what income-tax rates should look like after the 2017 Trump tax cuts expire at the end of next year.
